Shell has signed an agreement to sell onshore Egyptian assets to Cheiron Petroleum and Cairn Energy for $646 million.
Innovative Energy has made an all-cash $12.5 per share offer to take ADES International into Saudi Arabian hands.
Total has published reviews and plans relating to its Tilenga and East African Crude Oil Pipeline (EACOP) projects in Uganda and Tanzania.
Chariot Oil & Gas has signed a memorandum of understanding (MoU) with the Moroccan industry minister to position the company’s Anchois project as a local gas provider.
Sasol has completed the sale of its 27.75% stake in a Gabonese licence to Vaalco.
Botswana has stressed the importance of permitting and environmental regulations in comments around Reconnaissance Africa’s plans – and a prohibition on hydraulic fracturing.
Occidental Petroleum has made another discovery in Abu Dhabi’s Block 3, the company revealed during a quarterly results conference call.
Kuwait Energy has tested the ASH-3 well in Egypt at 6,379 barrels per day of oil and 6.7 million cubic feet per day of gas.
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
South Africa’s Sasol has made progress in righting its progress, putting it on the right direction for a greener, cleaner future.
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
Shell faces another legal battle stemming from Nigeria, with a court ordering banks to freeze company assets.
Egypt has launched its first bid round of 2021 and a new digital platform collaboration, with Schlumberger.
TechnipFMC has won subsea tie-back work on the NEA/NI project offshore Egypt.
Russia’s Lukoil has emerged as another suitor to buy MSGBC Basin-focused FAR, for A$220 million ($170mn).
Kinetiko Energy has completed two well workovers in South Africa, where it aims to distribute CNG in the Johannesburg region.
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
Glencore has taken an impairment of $6.39 billion for 2020, including $1.15bn in African oil operations.
Shell has filed for arbitration against Nigeria over an ongoing dispute around oil spills.
Opposition to Reconnaissance Energy Africa’s work in northern Namibia is growing, with a petition handed in to the Namibian consul general in South Africa and Leonardo diCaprio tweeting against the drilling plans.
Shell is "reviewing" further sales of assets in Nigeria, the company said.
Angola can balance environmental protections with ongoing hydrocarbon exploration, in line with its constitution, writes Verner Ayukegba, Senior Vice-President at the African Energy Chamber.
Nigeria has launched an exercise to cut upstream production costs, with an eye on securing the country’s energy future.
Panoro Energy has struck a deal to buy assets owned by Tullow Oil in Equatorial Guinea and Gabon for up to $180 million.
The Department of Petroleum Resources (DPR) has calculated that the marginal field round will secure at least $500 million in signature bonuses.